04
Nov
#InvescoIndia #IndusIndInternationalHoldings #HindujaGroup #AssetManagement #MutualFundsIndia #InvestmentNews #Invesco #IIHL #FinancialInclusion #WealthManagement #BusinessNews #FinanceIndia #AUMGrowth #InvestmentPartnership #StockMarketIndia IIHL acquires 60% stake in Invesco Asset Management India; Invesco retains 40% shareholding Mumbai: IndusInd International Holdings Ltd (IIHL), part of the Hinduja Group, and US-based global investment management firm Invesco Ltd have officially made their mutual fund joint venture operational, marking a significant development in India’s rapidly expanding asset management landscape. The move follows IIHL’s completion of the acquisition of a 60% stake in Invesco Asset Management India (IAMI) and the receipt of necessary regulatory approvals. With the transaction now closed, Invesco will retain…